Auction.com Tops Housingwire’s Top 50 Real Estate Tech Companies List
- Jun 05, 2013
Irvine, Calif.—Auction.com, an online real estate marketplace, has been recognized by HousingWire Magazine as a member of its first-ever list of the top 50 companies in real estate technology.
According to the publication, HW REtech:50 is a list of firms that have revolutionized the real estate transaction. The honorees were selected for their ability to impact real estate businesses in both the near and long-term. “[Auction.com is] the ultimate one-stop auction shop on the Web for banks and property owners to sell houses to individual investors, homeowners or institutional funds,” writes HousingWire. “The site’s genius lies in its simplicity, building on the demand for auction sales and the transparency as well as pre-vetting that they can bring.”
Using state-of-the-art technology and world-class marketing, Auction.com has sold more than $20 billion in residential and commercial real estate since 2007. By attracting a global pool of qualified buyers to an easy-to-use, transparent platform, the company’s auctions establish a fair market value for the sale of residential, office, retail, hospitality and other types of properties.
The company’s online platform ensures that sellers have the confidence that the final price reflects true market value and buyers benefit from a transparent process seeing the current highest bid and having a fair last look at each property. Auction.com also works with buyers’ and sellers’ agents to provide potential bidders with access to property information to ensure a satisfying experience and optimal outcome.